Jamieson Wellness (TSE:JWEL) Price Target Raised to C$46.00

Jamieson Wellness (TSE:JWEL) had its price target increased by BMO Capital Markets from C$42.00 to C$46.00 in a research report sent to investors on Thursday,BayStreet.CA reports.

JWEL has been the topic of several other research reports. National Bankshares lifted their target price on shares of Jamieson Wellness from C$36.50 to C$42.00 in a research note on Monday, November 25th. TD Securities raised their target price on shares of Jamieson Wellness from C$40.00 to C$42.00 and gave the stock a “buy” rating in a research note on Friday, November 8th. Finally, Royal Bank of Canada increased their price target on Jamieson Wellness from C$37.00 to C$38.00 in a report on Friday, November 8th.

Jamieson Wellness Stock Down 1.0 %

Jamieson Wellness stock opened at C$37.34 on Thursday. The stock has a market capitalization of C$1.55 billion, a price-to-earnings ratio of 43.42 and a beta of 0.63. The business has a fifty day moving average price of C$35.66 and a 200-day moving average price of C$32.77. Jamieson Wellness has a 1-year low of C$23.98 and a 1-year high of C$38.20. The company has a debt-to-equity ratio of 92.76, a current ratio of 3.21 and a quick ratio of 1.08.

Jamieson Wellness Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, December 13th. Stockholders of record on Friday, December 13th were issued a dividend of $0.21 per share. The ex-dividend date was Friday, November 29th. This is a boost from Jamieson Wellness’s previous quarterly dividend of $0.19. This represents a $0.84 dividend on an annualized basis and a dividend yield of 2.25%. Jamieson Wellness’s dividend payout ratio is currently 97.67%.

Insider Activity at Jamieson Wellness

In other news, Senior Officer Regan Stewart sold 1,300 shares of the firm’s stock in a transaction on Thursday, December 12th. The stock was sold at an average price of C$37.84, for a total transaction of C$49,192.00. In the last ninety days, insiders have sold 11,237 shares of company stock worth $407,455. Company insiders own 0.26% of the company’s stock.

About Jamieson Wellness

Jamieson Wellness Inc, together with its subsidiaries, develops, manufactures, distributes, markets, and sells of branded and customer branded health products for humans in Canada, the United States, China and internationally. It operates through two segments, Jamieson Brands and Strategic Partners. The Jamieson Brands segment manufactures, distributes, and markets branded natural health products including vitamins, minerals, and supplements.